KONFLIK KEAGENAN: ANALISIS SIMULTAN KEPEMILIKAN MANAJERIAL, KEBIJAKAN HUTANG DAN KEBIJAKAN DIVIDEN
Main purpose of this research is to determine the agency theory in Indonesia capital market. The variable of agency conflict was proxied by variable asset utility, while controlling the agency conflicts mechanism is proxied by manajerial ownership, leverage, and dividend. The secondary data used in...
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| Format: | Thesis |
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[Yogyakarta] : Universitas Gadjah Mada
2013
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| _version_ | 1826047035667644416 |
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| author | , FITRI SUSILOWATI , Prof. Dr. Eduardus Tandelilin, MBA., CWM |
| author_facet | , FITRI SUSILOWATI , Prof. Dr. Eduardus Tandelilin, MBA., CWM |
| author_sort | , FITRI SUSILOWATI |
| collection | UGM |
| description | Main purpose of this research is to determine the agency theory in
Indonesia capital market. The variable of agency conflict was proxied by variable
asset utility, while controlling the agency conflicts mechanism is proxied by
manajerial ownership, leverage, and dividend. The secondary data used in this
research is drawn from the Indonesia Capital Market Directory (ICMD) and
Blommberg. Sample data is limited at the manufacture company and service non-
financial and it was listed on the Indonesia Stock Exchange (BEI).
The research method approach is quantitative method. Kind of the data
is pooling data between 2000-2011. Tool of analysis is seemingly unrelated
regression (SUR), with panel data and simultaneous model regression techniques..
The result this research is the managerial ownership has a positive and
significant on performance. Debt has positive and not significant on performance.
The 1b hypotheses were not be accepted, while dividend has positive and
significant on performance. Simultaneously of relationship between the
managerial ownership and leverage mechanism have a substitution direction of
relationship in order to control of agency conflict. Relationship between two
variables such as the managerial ownership and dividend, then relationship
between leverage and dividend could not be showed in the model. |
| first_indexed | 2024-03-13T23:03:41Z |
| format | Thesis |
| id | oai:generic.eprints.org:123481 |
| institution | Universiti Gadjah Mada |
| last_indexed | 2024-03-13T23:03:41Z |
| publishDate | 2013 |
| publisher | [Yogyakarta] : Universitas Gadjah Mada |
| record_format | dspace |
| spelling | oai:generic.eprints.org:1234812016-03-04T08:36:09Z https://repository.ugm.ac.id/123481/ KONFLIK KEAGENAN: ANALISIS SIMULTAN KEPEMILIKAN MANAJERIAL, KEBIJAKAN HUTANG DAN KEBIJAKAN DIVIDEN , FITRI SUSILOWATI , Prof. Dr. Eduardus Tandelilin, MBA., CWM ETD Main purpose of this research is to determine the agency theory in Indonesia capital market. The variable of agency conflict was proxied by variable asset utility, while controlling the agency conflicts mechanism is proxied by manajerial ownership, leverage, and dividend. The secondary data used in this research is drawn from the Indonesia Capital Market Directory (ICMD) and Blommberg. Sample data is limited at the manufacture company and service non- financial and it was listed on the Indonesia Stock Exchange (BEI). The research method approach is quantitative method. Kind of the data is pooling data between 2000-2011. Tool of analysis is seemingly unrelated regression (SUR), with panel data and simultaneous model regression techniques.. The result this research is the managerial ownership has a positive and significant on performance. Debt has positive and not significant on performance. The 1b hypotheses were not be accepted, while dividend has positive and significant on performance. Simultaneously of relationship between the managerial ownership and leverage mechanism have a substitution direction of relationship in order to control of agency conflict. Relationship between two variables such as the managerial ownership and dividend, then relationship between leverage and dividend could not be showed in the model. [Yogyakarta] : Universitas Gadjah Mada 2013 Thesis NonPeerReviewed , FITRI SUSILOWATI and , Prof. Dr. Eduardus Tandelilin, MBA., CWM (2013) KONFLIK KEAGENAN: ANALISIS SIMULTAN KEPEMILIKAN MANAJERIAL, KEBIJAKAN HUTANG DAN KEBIJAKAN DIVIDEN. UNSPECIFIED thesis, UNSPECIFIED. http://etd.ugm.ac.id/index.php?mod=penelitian_detail&sub=PenelitianDetail&act=view&typ=html&buku_id=63593 |
| spellingShingle | ETD , FITRI SUSILOWATI , Prof. Dr. Eduardus Tandelilin, MBA., CWM KONFLIK KEAGENAN: ANALISIS SIMULTAN KEPEMILIKAN MANAJERIAL, KEBIJAKAN HUTANG DAN KEBIJAKAN DIVIDEN |
| title | KONFLIK KEAGENAN: ANALISIS SIMULTAN KEPEMILIKAN MANAJERIAL,
KEBIJAKAN HUTANG DAN KEBIJAKAN DIVIDEN |
| title_full | KONFLIK KEAGENAN: ANALISIS SIMULTAN KEPEMILIKAN MANAJERIAL,
KEBIJAKAN HUTANG DAN KEBIJAKAN DIVIDEN |
| title_fullStr | KONFLIK KEAGENAN: ANALISIS SIMULTAN KEPEMILIKAN MANAJERIAL,
KEBIJAKAN HUTANG DAN KEBIJAKAN DIVIDEN |
| title_full_unstemmed | KONFLIK KEAGENAN: ANALISIS SIMULTAN KEPEMILIKAN MANAJERIAL,
KEBIJAKAN HUTANG DAN KEBIJAKAN DIVIDEN |
| title_short | KONFLIK KEAGENAN: ANALISIS SIMULTAN KEPEMILIKAN MANAJERIAL,
KEBIJAKAN HUTANG DAN KEBIJAKAN DIVIDEN |
| title_sort | konflik keagenan analisis simultan kepemilikan manajerial kebijakan hutang dan kebijakan dividen |
| topic | ETD |
| work_keys_str_mv | AT fitrisusilowati konflikkeagenananalisissimultankepemilikanmanajerialkebijakanhutangdankebijakandividen AT profdreduardustandelilinmbacwm konflikkeagenananalisissimultankepemilikanmanajerialkebijakanhutangdankebijakandividen |